Trading Statement
SABVEST LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1987/003753/06
ISIN: ZAE000006417 – ordinary shares
ISIN: ZAE000012043 – “N” ordinary shares
Share code: SBV – ordinary shares
Share code: SVN – “N” ordinary shares
Trading Statement
Shareholders are advised that the unaudited results for the six months ended
30 June 2013 are expected to be within 5% (up or down) of the following
estimates:
30/06/2013 Percentage 30/06/2012 31/12/2012
cents Growth cents cents
Net asset value per share 1978 19,0 1662 1855
Dividend per share 18 50,0 12 32
Headline earnings per share 120,7 1,0 119,5 308,4
Earnings per share 120,8 1,0 119,5 308,6
Shareholders’ attention is drawn to the SENS announcement dated 31 May 2013
in which Sabvest advised a change of accounting policy in terms of which all of
it’s investments are now fair valued through the income statement, including
investments in unlisted associates which were previously equity accounted. The
preliminary results above are presented on this basis.
The figures contained in this trading statement have not been reviewed or
reported on by Sabvest’s external auditors. Unaudited results are expected to be
released on SENS by the end of July 2013.
Sandton
24 July 2013
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 24/07/2013 03:26:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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